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Boeing’s property at 2925 S. 112th St. in Tukwila, WA was originally purchased new in 1989 for $54.6 million and had been priced at $49.2 million by the King County Assessor’s Office. It’s been announced by the Puget Sound Business Journal that the Duwamish Towers property was purchased by Amerco (the parent company of U-Haul) for under market value at $19.5 million. The building was represented by Newmark Knight Frank’s […]

A limited liability company whose address is the same as Alaska Airlines’ on Tuesday paid nearly $32 million for a large property across the street from the company’s SeaTac headquarters, public records show. erty. .Y. Tang. The site is where the Jet Motel operated until recently. The Puget Sound Business Journal orted on Project Copper River last month. At the time Alaska declined to comment, and a company representative was […]

Blue Origin has purchased 31 acres of agricultural land for $14 million, the Daily Journal of Commerce reports. Owned by Amazon.com CEO Jeff Bezos, Kent-based Blue Origin filed plans with the city to build office/warehouse structures on the property at and around 21600 76th Ave. S. The Barnier family’s Bar-Gem LLC was the seller. “The company employs over 750 people at its Kent headquarters and anticipates adding hundreds more in […]

Puget Sound Business Journal, Melissa Crowe Companies wanting pet-friendly workspaces in the Seattle area are running into a dog-eat-dog situation. The majority of the Puget Sound region’s 25 largest commercial property managers said they don’t offer dog-friendly leases. They include CBRE and Kidder Mathews, which manage a combined 66.2 million square feet of commercial space. CBRE, which manages U.S. Bank Centre, and Kidder Mathews, which leases the retail portion of […]

Puget Sound Business Journal, Melissa Crowe Just two years ago U.S. Census data showed Seattle was the nation’s fastest-growing city. It looks like that red-hot growth is finally cooling down. Among metro areas with populations of at least 1 million residents, Austin, Raleigh, and Orlando are projected to be the nation’s fastest-growing regions by 2040, according to an analysis by American City Business Journals. Nonetheless, the Seattle-Bellevue-Tacoma area is projected […]

THE REGISTRY, Kristin Bentley Gil White and Stephen Cugier are commercial real estate brokers from Seattle-based ORION Commercial Partners, a brokerage firm of three managing partners and five active vice presidents that was founded in 2010. Bringing ten years of experience with CBRE prior to joining ORION Commercial Partners, Gil White predominantly works with the downtown Seattle business community and is known best as a commercial real estate market observer […]

Sam Foster, son of Dan Foster, President/Partner of ORION Commercial Partners, was selected to participate in the 15th Annual MORE MUSIC @ THE MORE which features exceptional young musicians. The performance celebrates the rich musical talent of youth in our community and provides musicians, regardless of what style they play, the opportunity to make music together. This 15th annual pre-professional development program provides the musicians with creative group collaborations, mentorships […]

PUGET SOUND BUSINESS JOURNAL, Kent Hoover – Washington Bureau Chief Seven years of historically easy money will continue for at least another month or so — the Federal Reserve decided to keep its federal funds rate near zero Thursday. That rate, which banks use to base their interest rates on short-term loans, has been near zero since the end of 2008 as part of the Fed’s efforts to stimulate the […]